An auction of Italy’s medium term debt on Monday saw increased demand in a sign of rising investor confidence over the country’s ability to emerge out of the debt crisis. The country raised a total EUR 5.25 billion from the sale of its bonds with different maturities. The target set for the auction was EUR 3.5 billion to EUR 5.25 billion. [...]

Bulgaria’s consumer price inflation remained unchanged in April, data released by the National Statistical Institute showed Monday. Annual inflation remained unchanged from the previous month at 1.7 percent in April. In February, the inflation rate was 2 percent. Food and non-alcoholic beverages prices moved up 0.2 percent year-on-year, while clothing and footwear prices edged up 0.6 percent. There was a [...]

The dollar is little changed Friday afternoon, despite the unexpected increase in consumer sentiment. The currency is up slightly versus its major European rivals, but has remained basically flat against the Japanese Yen. Investors continue to keep an eye on the political situation in Greece as the country attempts to put together a coalition government. The buck has been trading in a [...]

Indonesia’s current account deficit increased sequentially in the first quarter, owing mainly to a sharp fall in export revenues, data released by the Bank of Indonesia showed Friday. The current account deficit advanced to $2.89 billion in the first quarter from $1.58 billion in the fourth quarter. In the first quarter of 2011, the balance was surplus of $2.66 billion. [...]

Turkey’s current account deficit narrowed from a year earlier in March, data published by the central bank showed Friday. The shortfall declined to $6.12 billion from $9.55 billion deficit recorded during March last year. In February, the deficit on the country’s current account was $4.2 billion. The balance on goods account was in a deficit of $6.04 billion compared to [...]

The dollar is holding steady versus its major European rivals on Thursday, retaining its recent gains. Investors continue to be wary of the political situation in Greece and have been watching closely for further developments, as the country continues its efforts to assemble a coalition government. The European Financial Stability Facility board agreed to release 5.2 billion euros in emergency assistance to [...]

Manufacturing turnover in Latvia increased at a sharply faster rate in March, data released by Central Statistical Bureau showed Thursday. Turnover in the manufacturing sector increased a calendar-adjusted 14.8 percent on an annual basis in March, after rising 9.8 percent in February. Turnover of goods sold in the domestic market rose 9.5 percent annually, while sale in the overseas market jumped 19.5 [...]

Japan posted a current account surplus of 1.589 trillion yen in March, the Ministry of Finance said on Thursday – down 8.6 percent on year. That beat forecasts for a surplus of Y1.449 trillion yen and a 17.1 percent contraction after showing a surplus of Y1.177 trillion yen and a 30.7 percent plunge in February. The trade balance came in [...]

Wholesale inventories in the U.S. rose by less than expected in the month of March, according to a report released by the Commerce Department on Wednesday, with a notable increase in inventories of durable goods partly offset by a drop in inventories of non-durable goods. The report showed that wholesale inventories increased by 0.3 percent in March following a 0.9 percent increase [...]

Germany’s five-year borrowing costs declined at a debt auction on Wednesday and demand was lower despite the ongoing uncertainty over Greece. The country raised EUR 4.032 billion from the sale of its new 0.50 percent five-year Federal Notes or Bobls against the auction target of EUR 5 billion, Bundesbank said. The sale attracted bids totaling EUR 5.789 billion. The amount [...]